ADVERTISEMENT
Conduct, Culture & Accountability
HKMA Adjusts Scope of Mandatory Reference Checking Regime
By Manesh Samtani | 05/05/2021
The HKMA has adjusted the scope of the regime, shortened the record retention requirement, and lengthened the time allowed to respond to an MRC request.
Structural Regulation
Australia Enhances Super Fund Performance Test in Draft Bill
By Ranamita Chakraborty | 04/05/2021
Industry bodies broadly support the inclusion of administrative fees in the performance test, though an extra one million super accounts could fail the test as a result.
CBDCs
EIB Issues First Digital Bond on Public Blockchain
By Sanday Chongo Kabange | 04/05/2021
The digital bond issuance was carried out using a distributed ledger for registration and a CBDC for settlement.
Trading & Investment
China: Policy Banks Pilot Direct Bidding Mechanism for Bond Issuance
By Editors | 04/05/2021
The pilot could mark a significant revamp in how bond issuance is carried out in China, and is seen as another step by the government to attract foreign capital.
Market Abuse
FSC Warns Against Illegal Moves as Korea Resumes Short-Selling
By Manesh Samtani | 03/05/2021
Korean regulators have been working to enhance protection measures for retail investors ahead of the partial resumption of short-selling on Monday.
Structural Regulation
Canada Establishes Regulatory Regime for Financial Benchmarks
By Editors | 03/05/2021
Once the regime is implemented, CDOR will become a designated benchmark with Refinitiv Benchmarks Services formally designated as its administrator.
Trading & Investment
PBOC Approves Deutsche Bank as Qualified Primary Dealer
By Editors | 03/05/2021
Deutsche Bank has become the first Eurozone bank to be approved as a qualified primary dealer in China.
Structural Regulation
FCA Proposes Rule Changes to Encourage SPAC Listings
By Sanday Chongo Kabange | 03/05/2021
The FCA proposes to exempt SPACs that identify an acquisition target from being suspended, if they have certain investor protections in place.
Trading & Investment
China Consults on Expanded Scope of Futures Law
By Sanday Chongo Kabange | 03/05/2021
The revised draft expands the scope of the law to also cover “other derivatives”, while also raising penalties for violations.
Conduct, Culture & Accountability
ASIC Finds Client Detriment in Review of IOOF Licensees
By Ranamita Chakraborty | 03/05/2021
In a statement, IOOF said that the advice file reviews highlighted by ASIC were already part of its existing remediation programmes of work.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.